Industry News




08/08/2011

DOE Finalizes a $967 Million Loan for Arizona Solar Project

 
DOE-Solar-Project

U.S. Energy Secretary Steven Chu today announced that the Department of Energy finalized a $967 million loan guarantee to Agua Caliente Solar, LLC.  The loan guarantee will support the construction of the Agua Caliente Solar project, a 290-megawatt photovoltaic solar generating facility in Yuma County, Arizona. The project sponsor, NRG Solar LLC, estimates the photovoltaic generation facility will fund approximately 400 construction jobs and 10 full time operating jobs, and will be one of the largest plants of its kind in the world when completed. 

“The Agua Caliente Solar project will bring hundreds of jobs to Arizona, while helping increase the reliability of renewable solar power,” says Secretary Chu. "Today’s announcement, in addition to several recent offers of conditional commitments for loan guarantees to solar manufacturing and generation projects, demonstrates the Administration’s ongoing commitment to creating clean energy jobs while bringing innovative renewable energy technologies to the market."

The Agua Caliente Solar project will deploy fault ride-through and dynamic voltage regulation, innovative technologies that are new to photovoltaic solar power plants in the United States.  These technologies will improve the reliability and predictability of the electricity supplied to the electricity grid. 

DOE’s Solar Energy Solution

DOE Funds Gigantic Solar Plant

DOE Works to Cut Solar Costs by 75%

 


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Wood construction is both cost and energy efficient. Check out Morton Buildings and our designBUILD team online today to discover all the benefits of post-frame construction.

When choosing a metal-clad building for your next construction project, consider Morton Buildings, Inc., and their designBUILD team, we’ll make your dream a reality. 

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Our mission is to help our customers manage their buildings' energy costs, improve reliability, and enhance performance while having a positive impact on the environment.
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Visit our website today to learn about the design flexibility of a Morton building and the endless possibilities of partnering with our designBUILD team.


Wood construction is both cost and energy efficient. Check out Morton Buildings and our designBUILD team online today to discover all the benefits of post-frame construction.

When choosing a metal-clad building for your next construction project, consider Morton Buildings, Inc., and their designBUILD team, we’ll make your dream a reality. 

We Can Help You Reduce Energy by 30%

Our mission is to help our customers manage their buildings' energy costs, improve reliability, and enhance performance while having a positive impact on the environment.
CLICK HERE to find out how.


 
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